Commercial Real Estate Market in Hillside, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 497 off-market properties in Hillside, IL. Commercial property asks $11/SF to buy and $20.33/SF/Yr to lease.
Market Trends
Hillside, IL spans 4.4 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hillside, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Hillside, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hillside, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Hillside, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 44.1%
- Residential 41%
- Industrial 14.9%
Largest Zones share of zoned land by district
General Business District
Single Family Residence District
Office And Restricted Industrial District
Single Family Residence District
Planned Shopping Center
Hillside, IL zones 2,015 acres across 9 districts. Commercial zoning covers 44.1% of zoned land, residential 41% and industrial 14.9%. The largest single district is General Business District at 39.4%. For commercial buyers the practical constraint is that only 59% of land carries a commercial or industrial designation.
General Business District (B-1)
The B-1 general business district classification is established to accommodate a wide range of commercial types of establishments to serve the needs of the public. The general business district may be located adjacent to other business districts to form a complete business center, or may be commercial areas consisting entirely of specialized commercial activ…
Market overview
Demographics & Economy
Hillside, IL has 13,622 residents in 5,136 households. Density runs 3,072 people per square mile. Median household income here is $75,584 and median gross rent $1,275 a month.
13,622
Population
5,136
Households
2.7
Avg Household Size
41
Median Age
24%
College-Educated
84%
High-School Grad
4.4 sq mi
ZIP Area
3,072
Density / Sq Mi
$75,584
Median Household Income
$46,966
Median Earnings
$1,275
Median Rent
$229,687
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bellwood | — | — |
| Elmhurst | — | $19.92 |
| Broadview | — | $17.16 |
| Melrose Park | — | — |
Commercial property in Hillside, IL asks $11/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillside?
Commercial property in Hillside, IL asks an average of $11 per square foot.
How much does it cost to lease commercial space in Hillside?
Asking lease rates in Hillside, IL average $20.33 per square foot per year.
What zoning applies to commercial property in Hillside?
Hillside, IL zones 2,015 acres across 9 districts, of which 44.1% is commercial and 14.9% industrial. The largest single district is General Business District at 39.4% of zoned land. The B-1 general business district classification is established to accommodate a wide range of commercial types of establishments to serve the needs of the public. The general business district may be located adjacent to other business districts to form a complete business center, or may be commercial areas consisting entirely of specialized commercial activ… Residential zoning covers 41% and open space 0%.
Where does Realmo's Hillside market data come from?
Realmo compiles Hillside, IL figures from 5 recent recorded sales, 5 active sale listings, 9 active lease listings, 497 tracked off-market properties, the current Hillside zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 9 active for-lease listings in Hillside, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,015 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
